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The MFI-Miami Blog offers the latest in financial news. Along with the latest warnings about lenders downsizing or shutting their doors.

The blog also posts warnings about the latest scams. We also write about busted scammers and other shysters who prey on the vulnerable.

We also offer opinions and sometimes we’ll dab our toes into local politics. Especially, if the story is really juicy.

MFI-Miami will also promote specials we are running on our blog. We will also write about new foreclosure defense strategies and areas that we are covering with partnered law firms.

You will also read stories about people losing their homes. In addition, you will read David and Goliath stories about people successfully standing up to their lenders to fight for their home.

Call us today 1.888.214.6377 to learn more!

New Residential Investment Corporation

New Residential Investment Corporation Makes Another Round Of Layoffs

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New Residential Investment Corporation Hands Out Hundreds More Top To Bottom Pink Slips In Every Department. New Residential Investment Corporation is continuing to lay off originations staffers this week. The lender has made launched rounds of massive layoffs since February. New Residential employees say the company targeted their processing, underwriting, and closing departments in last […]

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New Residential Investment Corporation Makes Another Round Of Layoffs Read Post »

Desperate Fannie And Freddie

Desperate Fannie And Freddie Accepting On-Time Rent As Credit

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Desperate Fannie And Freddie Are Accepting On-Time Rent As Credit In New Underwriting Guidelines Fannie Mae and Freddie Mac are expecting to see a drop in revenue with the pending recession. As a result, a desperate Fannie and Freddie are resorting to a new tactic to get people qualified for mortgages. The GSEs are using

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Desperate Fannie And Freddie Accepting On-Time Rent As Credit Read Post »

new york taxpayers

New York Taxpayers Buy $36.3M Of Garbage Loans From Fannie Mae

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Congratulations New York Taxpayers! You Are The Proud Owner Of $36.3 Million Of Garbage Loans From Fannie Mae  Congratulations, New York taxpayers! You now own $36.3 Million worth of garbage loans no one else wanted. Fannie Mae finalized the sale of it’s inaugural nonperforming loan sale of the year. They also announced the winning bidder

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New York Taxpayers Buy $36.3M Of Garbage Loans From Fannie Mae Read Post »

First Guaranty Mortgage Corporation

First Guaranty Mortgage Corporation Closes It’s Doors And Files BK

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MAMA MIA! Here We Go Again! Major Lender, First Guaranty Mortgage Corporation Closes It’s Doors! Company Files Bankruptcy! 16 years years ago, mortgage lenders began dropping like flies at the beginning of the great recession. Well, it’s deja vu all over again! First Guaranty Mortgage Corporation (FGMC) and its affiliate Maverick II Holdings have shut

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First Guaranty Mortgage Corporation Closes It’s Doors And Files BK Read Post »

mortgage industry faces

Mortgage Industry Faces More Mass Job Layoffs

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Mortgage Industry Faces More Mass Job Layoffs. First Guaranty and Zillow Among Those Slashing Positions. The mortgage industry faces another round of layoffs. First Guaranty Mortgage has become the latest industry player forced to lay off loan officers amid market shifts. The company revealed it will cut 428 employees at its Plano, Texas location. The

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Mortgage Industry Faces More Mass Job Layoffs Read Post »

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